Mark Up Lesson

C3 D4 : Lesson 1-4

Business Mathematics

Learning Targets Evaluation

Percentage Formula, Markup based on Cost, Markup based on Selling Price, and Selling Price Change

Business Mathematics

​Instructions

• answer the three questions for each learning target

• take note of your total number of correct items.

• after the three questions, a poll will ask for the number of items you answered correctly on that specific learning target. Be honest with your answer.

Learning Targets - Lesson 1

1a: I can recall the concepts of fractions, decimals, and percent

1b: I can convert fractions to decimals to percents and vice versa

Multiple Choice

What is the correct way of converting decimal to percent?

• Divide the numerator by the denominator

• Move the decimal point 2 places to the left

• Divide by 100%

• Move the decimal point 2 places to the right

Multiple Choice

35% in fraction form is _______.

• 3/10

• 7/20

• 3/5

• 4/9

Multiple Choice

1/8 in percent form is _________.

• 10%

• 18%

• 12.5%

• 22.5%

Poll

For LT1:a/b

1a: I can recall the concepts of fractions, decimals, and percent
1b: I can convert fractions to decimals to percents and vice versa

How many correct answers did you get?

• 3

  Proficient

• 2

  Advanced

• 1

  Beginning

• 0

  Needs Improvement

Learning Target 1.2 - Lesson 1B

1C: I can give business situations where we can apply percent.

1D: I can solve problems involving percent formula and rate of change.

Multiple Choice

What is 8% of 127?

• 8.76

• 10.16

• 35.86

• 101.6

Multiple Choice

A discount of 25% was given to a customer. If the amount deducted is PHP 735 for the item, what is the original price?

• PHP 183.75

• PHP 551.25

• PHP 2,940

• PHP 3,580

Multiple Choice

The number of attendees of a boyband's concert decreased from 19,892 to 18,476. What is the rate of change?

• -7.66%

• 7.66%

• 7.12%

• -7.12%

Poll

For LT 1.22:

1C: I can give business situations where we can apply percent.
1D: I can solve problems involving percent formula and rate of change.

How many correct answers did you get?

• 3

  Proficient

• 2

  Advanced

• 1

  Beginning

• 0

  Needs Improvement

Learning Target 1.3 - Lesson 1C

•1.3.1 Compare and differentiate ratio and rate

•1.3.2 Write proportions illustrating real-life situations

•1.3.3 Identify the different kinds of proportions and give examples for each

Multiple Choice

The value of x in the proportion $$\frac{7}{29}=\frac{x}{69.25}$$ is _____?

• 16.72

• 21

• 29

• 58.25

Multiple Choice

A bag contains yellow and red marbles in the ratio 1:3. If there are 57 red marbles in the bag, how many balls are there in all?

• 61

• 76

• 171

• 228

Multiple Choice

What proportion is being shown below?

The total sales and the profit.

• Direct Proportion

• Inverse Proportion

• Partitive Proportion

• No Proportion Exists

Poll

For LT 1.3.1 - 1.3.3:

1C: I can give business situations where we can apply percent.
1D: I can solve problems involving percent formula and rate of change.

How many correct answers did you get?

• 3

  Proficient

• 2

  Advanced

• 1

  Beginning

• 0

  Needs Improvement

Learning Target 3: Lesson 2

2a: I can define and identify the following: differentiate cost, operating expenses, and mark-up.

2b: I can use the Retailing Equation to find Cost, Amount of Mark-Up, and Selling Price of an Item.

Multiple Choice

It pertains to the amount that we add such as the profit, utilities expenses, payroll, etc.

• Selling price

• Operating Expenses

• Mark up

• Cost

Multiple Choice

If a shirt is marked up an amount of PHP 237, what will be the selling price if the seller bought it for PHP 520?

• PHP 757

• PHP 672

• PHP 456

• PHP 283

Multiple Choice

If the selling price of an item is PHP 10,420 with a mark up of PHP 1,760, what is the cost of the item?

• PHP 12, 180

• PHP 11,980

• PHP 9,660

• PHP 8,660

Poll

For LT3:

2a: I can define and identify the following: differentiate cost, operating expenses, and mark-up.

2b: I can use the Retailing Equation to find Cost, Amount of Mark-Up, and Selling Price of an Item.

How many correct answers did you get?

• 3

  Proficient

• 2

  Advanced

• 1

  Beginning

• 0

  Needs Improvement

Learning Target 4 - Lesson 2

2C: I can solve for the Percent Mark-Up based on Cost, the Selling price when Cost and Percent Mark-Up based on Cost are known, and the Cost when Selling Price and Percent Mark-Up based on Cost are Known.

Math Response

A file organizer was bought for PHP 235. If the shop wants to put a 32% markup based on cost, how much should they sell the item?

Type answer here

Correct Answer: 310.20

Deg^°

Rad

Math Response

A book was sold for PHP 985.50. If the shop purchased the item for a price of PHP 749.99, what is the percent markup based on the cost applied to the item?

(Convert your answer to percent form but do not put the percent symbol in your answer)

Type answer here

Correct Answer: 31.40

Deg^°

Rad

Math Response

An electric fan was sold for PHP 1,299 in a mall. If the mall applied a 45% markup based on cost, how much did they purchase the item?

Type answer here

Correct Answer: 895.86

Deg^°

Rad

Poll

For LT4:

2C: I can solve for the Percent Mark-Up based on Cost, the Selling price when Cost and Percent Mark-Up based on Cost are known, and the Cost when Selling Price and Percent Mark-Up based on Cost are Known.

How many correct answers did you get?

• 3

  Proficient

• 2

  Advanced

• 1

  Beginning

• 0

  Needs Improvement

Learning Target 5 - Lesson 3

3: I can calculate percent markup based on selling price, selling price when cost and percent markup based on selling price are known, and cost when selling price and percent markup based on selling price are known.

Math Response

Bright is selling a shirt for PHP1, 250. If he marked up the item 35% based on selling price, what was the original cost of the item?

Type answer here

Correct Answer: 812.5

Deg^°

Rad

Math Response

Jom is reselling a drawing kit that he bought for PHP 428.50. If he applied a 20% markup based on selling price, how much can you buy the kit?

Type answer here

Correct Answer: 535.63

Deg^°

Rad

Math Response

Nat bought a teddy bear for PHP 628.25. If he sells the bear for PHP 995.75, what percent markup based on the selling price did he apply to the item?

(Convert your answer to percent form but do not put the percent symbol in your answer)

Type answer here

Correct Answer: 36.91

Deg^°

Rad

Poll

For LT5:

3: I can calculate percent markup based on selling price, selling price when cost and percent markup based on selling price are known, and cost when selling price and percent markup based on selling price are known.

How many correct answers did you get?

• 3

  Proficient

• 2

  Advanced

• 1

  Beginning

• 0

  Needs Improvement

Learning Target 6 - Lesson 4

4a: I can determine the amount of price change and price change percent.

4b: I can compute the new price after a price change and the original price before the price change.

Math Response

A plane ticket was initially priced PHP 6,980. If the airline gives 15% markdown for their 15 year anniversary, how much will a passenger pay for the ticket?

Type answer here

Correct Answer: 5933

Deg^°

Rad

Math Response

A combo meal in a certain restaurant is on a promo where customers with a Z on their name will receive a 26% markdown. If Zee paid PHP 475 for his meal, what is the original price of the product?

Type answer here

Correct Answer: 641.89

Deg^°

Rad

Math Response

A laptop that was initially sold for PHP 34,599 is now on sale for PHP 29,999. What is the percent price change given by the seller?

(Convert your answer to percent form but do not put the percent symbol in your answer)

Type answer here

Correct Answer: -13.30

Deg^°

Rad

Poll

For LT6:

4a: I can determine the amount of price change and price change percent.

4b: I can compute the new price after a price change and the original price before the price change.

How many correct answers did you get?

• 3

  Proficient

• 2

  Advanced

• 1

  Beginning

• 0

  Needs Improvement

Reminders

Written Work 2

Date: November 27, 2024
Cycle 3 Day 5

The test is good for 50 mins

Reminders

Written Work 2

No phones and MLDs are allowed as a substitute for calculator.
No borrowing of calculator while the test is ongoing

Reminders

Written Work 2

The test paper have space for scratch work.

Only your pen/ pencil and calculator will be placed on your desk before the test.

Reminders

Written Work 2

No Test Cover, No Exam

Any question?

Written Work 2

Good luck!

Reminders

Lesson 4 Cerebry

➢ Due on Friday (August 2)

Habit # 1: Be Proactive
Habit #3: Put first things first